Now Whole Life is an awesome product if you understand the 3 basic facts that drive the product to success and why the rich buy so much of it. 1 - the death benefit is guaranteed for life - this means your beneficiaries will actually get tax free money!!! 2. your premiums are guaranteed, they can't go up even if your health declines and 3 - you get a guaranteed cash value the insure you can NEVER lose a dime of money.
Now Whole Life is an awesome product if you understand the 3 basic facts that drive the product to success and why the rich buy so much of it. 1 - the death benefit is guaranteed for life - this means your beneficiaries will actually get tax free money!!! 2. your premiums are guaranteed, they can't go up even if your health declines and 3 - you get a guaranteed cash value the insure you can NEVER lose a dime of money.
Don't you love owedpuca's comment that "figures are for bitches" - that's his defense for not knowing how simple math works!!! He actually debated my example as fales - here it is - You give me $10k and I earn you 100% to get you to $20k, then the next year I lose you 50% so you now have $10k - I can safely say your AVERAGE ROR was 25%, however your ACTUAL ROR was 0% - actually lower if we took fees and taxes out. He couldn't understand this simple math and is why Primerica agents are morons.
@aIprime1 Owenbuca is right about how money actually grows. As a former whole life agent you knew me as "termisexpensive" I have asked forgiveness for preaching that cash value policies are good, we all know that not to be true.I applaud Primerica reps and what they do for families. It is a tough industry however now I see how easy it is to replace all the whole life policies I had sold to families.
@jgilles85 LOL seriously, you are telling them about doing this for a living when you are the one that is taking other peoples identities, what a coincidence that there is someone that has a similar username and is being in youtube longer than you, and what a coincidence that he is a primerica rep that comments too, OOO and the other coinsidence is that the same thing is happening with a lot of youtube users that are in favor of primerica, who is next mariosanches11 and owebuca?
And the moron can't do simple math - what a tool. He believes the world is a "linear" place - let me define linear for you since I'm sure you don't know what it is. It's when planners like you take a average return and apply it each and every year as if that will happen!!!! My example below proves the difference between Ave. and Actual Returns - you are now officially know as "Ownedpuca" LOL
@Termisexpensive why do you post to yourself ? We all know you play with yourself but come on . 100 $ = 248,768 $ figure it out. Or 100 = 60,150 or your plan 100 $= 982$ (in a trash value policy)
How old are these people that dont have term? Are they insurable NOW? Would it be wise to close their policies? Could they get new policies at the high payout levels that cover their assets and debt? If they can't, then yes....keep them, .Until you can show me these things, you have NO room to point any fingers.
@9606hyu66 Why because is speaks the truth? LOL I love it when these Primerica tools get on and can only name call and curse - it speaks volumes about them!!!!
Here's a post for aIprime1 his imposter keeps spamming. As a former Primerican and can tell you it's fact - they have the MOST expensive term life in the industry and they charge the HIGHEST allowable commission on their high fee mutual funds. Plus they use UNISEX rates which in their case results in NO premium relief for males and absolutely crushes the female rate. And their 30 year is ONLY guaranteed 20 years with a waiver that costs 15% of base premium, while ind. ave. is 3%. Criminal
Food for thought - invest $5k per year for 10 years in your 401k, earn 6% each year (that's triple the S&P ave over the last 10 years but lets say you can do it), assume a 30% tax bracket - guess how much money you have after investing $50k, paying the tax upon withdrawal and assuming all the investment risk? $48,300!!!! Now that's a kick in the butt!!!! Don't believe me, do the math yourself!!! I did and was blown away.
Whole Life and universal life are legalized FRAUD. If you take any universal or whole life policies are actually read the contracts--not listen to what people (like this guy)selling it are saying--you will find no bigger ripoff.
Buy Term and LOSE the Difference! Whole Life = no market risk? 5% return? tax deferred build up? tax free withdrawal? Zero net cost loans? Self completes if you become disabled? Lawsuit and creditor protected in 43 states? tax free death benefit? No 591/2 rule on distributions? No RMDs? No contribution limits? And people say this is a bad product? Really? The truth be told it very well may be the best financial product you can own!!!
Buy Term and LOSE the Difference! Whole Life = no market risk? 5% return? tax deferred build up? tax free withdrawal? Zero net cost loans? Self completes if you become disabled? Lawsuit and creditor protected in 43 states? tax free death benefit? No 591/2 rule on distributions? No RMDs? No contribution limits? And people say this is a bad product? Really? The truth be told it very well may be the best financial product you can own!!!
Buy Term and LOSE the Difference is more like it!!! WHOLE LIFE = no market risk? 5% return? tax deferred build up? tax free withdrawal? Zero net cost loans? Self completes if you become disabled? Lawsuit and creditor protected in 43 states? tax free death benefit? No 591/2 rule on distributions? No RMDs? No contribution limits? And people say this is a bad product? Really? The truth be told it very well may be the best financial product you can own!!!
As a long standing professional in this business I can clearly tell you all that Primerica and the "buy term and invest the diff" fools have gotten it all wrong. The last 11 years clearly show why it's such a dangerous strategy. they tell clients to buy term at then at age 65 you will be "self insured" well ask any retiree in the last 5 years how that feels now? Having the Death Benefit allows retires to spend their assets knowing they loved ones are ok
@bond519 Suckas believe that Buy Term and invest the difference in Mutual funds is the way to go. Its funny to read these comments, just proves that the watered down training at PFS is pedestrian or banal.
Market loses 635 points in a day, therefore the "Buy Term and Invest the Difference" method doesn't work. God, some trash value agents are desperate, aren't they?
@owenbuca You are a moron - that's not enough information. Let's say you did, and you built your retirement nest egg to $1,000,000, it's now November 2008 and you just lost 40%, how's that feeling? There's a huge difference between "Average" rate of return and ones "Actual" rate of return. The average americas earns less than 4% in the stock market because they invest with emotion. Shit with WL you'd have gotten 5% with NO MARKET risk, fully guaranteed. Butthead
@aIprime1 "the average americas earns less than 4%" Wow you get a gold star for that post THX TIPS. I started with 75k I now have 200k without adding to it. Just because some asshole trash value agent tells you to put it in a garbage whole life policy does not mean you do. That is how you have contributed to "americas earns 4%" YOU SCARE THEM NOT EDUCATE . I am sure seeing your other posts you are going to call me gay and say mama jokes cause i just kicked your stupid ass.
@owenbuca I have $200k, please douche, you don't tell us how long you've been invested and you don't state where the money is, come now let us know so we can all put our money there? Google Wall Street Journal "Why investors may be fooling themselves" to find out for yourself - You are a douche and moron
@owenbuca You once again show what an idiot you really are and your video on your account regarding the rule of 72 proves it. Average ROR are absolutely meaningless, it's when the investor gets in and when they get out that counts. The ave investor does less that 4% in the stock market - don't believe me google "why investor may be fooling themselves" an artical from the Wall Street Journal!!!!
@owenbuca And to prove again why you are so dumb let me remind you of some simple math - I invest your $10k and earn you 100% - you now have $20k, I then do it again the next year but we lose 50%, you are back to $10K - You want to fire me but I state I've gotten you an AVERAGE ROR of 25%!!!! I'm right but your ACTUAL ROR is 0% - see this is how you tools manipulate people. Average ROR is meaningless - you can't fight me on this idiot!!!
@aIprime1 "the average americas earns less than 4%" Wow you get a gold star for that post THX TIPS. I started with 75k I now have 200k without adding to it. Just because some asshole trash value agent tells you to put it in a garbage whole life policy does not mean you do. That is how you have contributed to "americas earns 4%" You scare them not educate. I am sure seeing your other posts you are going to call me gay and say mama jokes cause i just kicked your stupid ass.
I think the people who are so down on this guy didn't really watch the video. Don't get sucked in by SUZE people. It is COMPLETELY naive to think every financial situation is the same and Term life insurance is ALWAYS the only option. Listen to other opinions, You will learn something about your personal situation, Suze can't help you there....
@bluelite7x The Rule of 72 just the logarithmic formula expressed in a simpler fashion on long it takes your money to double. It by no means explains the potential vicissitudes that can impact that capital when investing in the market place. Its pure sophistry to think that its THAT simple. Going around citing the Rule of 72 shows the makings of a neophyte or a novice.
@bluelite7x -Rip offs only exists in the mind of a PFS talking points neophyte. In the marketplace, a product does not exist UNLESS someone purchases it. So, if Whole life is a rip off, where are the armed Insurance Agents that are selling them? Are they carrying guns to the kitchen table to force folks to purchase this "rip off" product? Or does the product exist simply because *some* people find it suitable for their needs?
@bluelite7x -Just looked at my Life and Health Insurance License. It does not have "Whole Life Agent". Where is that located? Or is that taught in PFS University? Please advise.
Another attempt to nitpick errors in wording in an attempt to discredit the PFS industry. Typical of competitors. We must be doing something right to make them react the way they do.
@bluelite7x The PFS Industry? What is that? PFS has an industry? Or are they a PART of the Financial Services Industry? I repeat:Where are you being trained? PFS University?
@MegaJohnShaft hmmmm interesting John, in the past you stated "you do not have a license" and now suddenly you do??? me thinks you are still full of chit.or you are a newby....which is it? What are surrender charges ...please answer. Thx.
@bluelite7x I love reading these PFS guys' comments. These are individuals who have limited knowledge on Economics, Finance, or Accounting, but are advising folks on such matters with 1 week's worth of training. Its really brilliant. In their world, their week's worth of training trumps people with Econ, Finance or Accounting degrees, that have performed scholarly research on such matters. Of course, if you disagree with them, you are a "cash value agent".
CAN A CASH VALUE AGENT PLEASE EXPLAIN WHAT SURRENDER CHARGES ARE? ALL YOU GUYS HAVE SAID IS "THERE ARE NO SURRENDER CHARGES IN WHOLE LIFE" THAT'S GREAT!! ARE THERE CHARGES IN A .....UL POLICY FOR INSTANCE ? AND IF SO WHAT ARE THEY? I HAVE A FEELING NO ONE WILL BOTHER TO ANSWER.9AS USUAL)
@probslpwtyormama Your question shows your total lack of understanding of life insurance. You must be a PFS stud. There are no "cash value" Agents, please enter the 21st century. How does one get a "cash value" agent's license?
@MegaJohnShaft GREAT ANSWER...NOT!! YOU MUST BE ONE OF THOSE DOOR TO DOOR LIFE INSURANCE SALESMEN. Or you are too stupid to answer the simple question.I am used to watching you losers not answering the easiest questions because you don't like telling the truth.
@probslpwtyormama -You are a glistening example of PFS University's finest graduates. A paragon of professionalism and civility. Please review your current license, and see if it has TERM LIFE AGENT or does it have Life, Health, Annuity agent(or derivative thereof). People who sell "Cash Value" dont have a separate license for "Cash Value Agent". I repeat:An example of PFS' finest grads. I am envious of your scholarly approach to investing. Its very impressive.
@probslpwtyormama -You should know what surrender charges are, since we assume you have a "Life/Health License" instead of a "Cash Value" license. If you dont, then why are you selling insurance? They did not teach you this in PFS school? Did you take an economics/Risk mgmt class? Do you understand the principles of risk?It seems that you are highly skilled in the low class activity of trolling on Youtube and spreading mis information about insurance contracts.
@MegaJohnShaft so what you are saying is, YOU REFUSE TO ANSWER A SIMPLE QUESTION. WHY IS IT LIFE INSURANCE SALESMEN DO NOT WANT THE PUBLIC TO KNOW HOW UL POLICIES WORK? look at megamoron, he does not want to post what "surrender "charges" are......why not john? AKA WODOG,
@probslpwtyormama - You are asking the wrong question. The *REAL* question is WHY are there are surrender charges? Do you know WHY? Here is why you DONT know the answer:
1. You are a PFS agent
2. You have no clue on how Economics, Accounting or Finance works
Here is a hint:See the IRS code on the definition of Life Insurance. That is not the only reason, but the start of the search for the answer.
@MegaJohnShaft so what you are saying again is......you don't want the public to know why they must pay surrender charges to get their own money? 100% sound familiar?? or you just plain don't know what they are???
@MegaJohnShaft Why don't you answer probs question? I had a UL policy and when we cancelled it they told me there was a surrender charge of 100% ? Why steal my money?
@owenbuca That's because any UL policy is an exploding cannibal lol. Primerica is the way to go because they're true to what they do. They can do what NO OTHER COMPANY can do. And on top of that, there's no policy that can even compete with them.
Here's the simple question the Primericans won't answer - Who is better off financially - Person A with $1millon or Person B with $1 million and $1millon of permanent insurance paid up?
@SuperLifeguy actually what is better for a family after the bread winner passes away? 1 mill of trash value or......6mill of term after hmmmm should i wait for an answer?
PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
It's clear that there is many on this site who have no clue how Whole Life works. WL is by far the most cost efficient way to purchase life insurance for the long term. You can not purchase term if you expect to have a Death Benefit when you die - assuming you die around your life expectancy which for most is about age 85. Term offers lower premiums up front but the premiums become very expensive, actually multiple times higher that WL and hence why 98% of term NEVER results in claim.
How do you invest in Term?? YOU CAN'T Insurance is not a good vehicle as for Dave Ramsey, if you actually invested your money through out your life you would not need insurance into and after your 50's it's sad but the so called advisors are not helping the public but instead there own wallets
Whole LIfe is the best and cheapest life insurance there is!!! It's a pure and simple fact - just ask an actuary. WL held to your "life" based on mortality tables is the cheapest form of insurance you can possilby own. Term in fact is the MOST expensive, once you get past the "20 yr guarantee" the rates sky rocket to the point that 98% of people lapse prior to a claim. If there is no claim then there is nothing but loss and therefore cost, high cost.
Whole life is the best form of life insurance you can own. If it wasn't why would the IRS limit the amt. of $ you can pump into it? It grows tax deferred, tax free DB, Tax free withdrawal up to your basis and then tax free loans at zero net rate!!! Plus if you become disabled the insurance company pays for you!!! You earn from 4-5% and once money is in your policy it can NEVER go down in value. 4-5% tax free sure sounds good!!!
hmm... looks like the millionaires you discuss as your shining examples are not in the middle class, which is the target audience of Suze's teachings.
If I had the income to pay $800 to $1000 a month for the same coverage for a policy with a 4% return on my 'savings' I wouldn't care what type of life insurance i had either.
@probslpwtyormama Let's examine what this moron just stated - He is basically stating this "Lets imagine you have accumulated $3 million of weath and you have $2 million of insurance and you are 65 - he is telling you to drop the insurance? Hmmmm - does this make any sense? How about keep the insurance, spend your $3 million as you wish and make your kids and grandkids the beneficiaries of the policy - it passes probate and income tax free - that sounds logical does it not?
@Jgillie85 Take advice from a fraud like you .....NEVER!! Thank god there is a company like Primerica they saved my family from trash value agents (unlike you) because you are an unlicensed moron.
@Jgillie85 if you were licensed I would keep up this coddling you because it is clear you have no idea and you need training.However you are not licensed soooooooo try and keep up hey.
@Jgillie85 If at age 65 you had 3 mil in the bank and a term policy that pays 2 mill and you could still make the premium payments YOU KEEP BOTH. HOWEVER NEVER EVER BUY A WHOLE LIFE POLICY FROM JGILLES85......OH WAIT YOU CAN'T CAUSE HE/SHE HAS NO LICENSE.
@probslpwtyormama Funny toolboy - aren't you the guy who stated UL for a 30 yr. old for $1 million is $1,400 when it's only $25o to $600 per month? Then you took $1400/month and said in 30 years you could accumulate $5 to $8 million - now now - that would take a linear 12.49 to 16.+% return each and every year. Funny but you didn't deduct the term premium either, making your math even more unrealiable!!! Schooled!!!
YouTube User: "Jgillie85" is a FAKE. (He changes the spelling ever so slightly by adding a capitol "J" & adds the letter "i" into his fake name). Click on his fake name & it says "This channel is not available" ---------- ---------- YouTube User: "jgilles85" is REAL. Speaks the truth & doesn't have to hide behind multipule screen names.
@inthenow2011 I need to step in here - the average American needs product like Whole Life just as much as the rich!!! If something is good for the people with money why would it be bad for those that don't have the money? If they can afford $100-$200/month WL is great - but be sure to get them covered with term as well. You need to protect them from 15-25x income depending on age.
@Jgillie85 Look im not a life insurance agent. Im a financial advisor. And i refer my clients to companies that sell term. Not all the time but most of the time. My goal is to have my clients save enough money so that they dont need any life insurance period. They should be self insured. thats why term is the way to go. You buy cheap term life to save a bundle. so but the time you reach your 60' s you should have a lot of money.
@alki1003 Self insue? Really? Are you that dumb? If you made someone weathly then why would you ever edvise them to drop their life insurance? That's perhaps the dumbest thing I've heard. Let's see, I have $3 million of wealth and let's say $3 million of DB, you say to drop it? I say keep it and spend down and enjoy the $3 million all the while knowing I'm leaving $3 million tax free via a DB - that's planning. You should be behind bars if you do what you say.
@Jgillie85: Wow dumbass your crookery just proves more and more how you're the same person with 10 ID's!! You idiot only a crook would say that someone should spend their wealth down!!! Oh that makes a lot of sense spend all of my money so I will be back in debt, have no savings, have to go back to work, and I will have to continue to pay for LI premiums. Meanwhile if I were an honest advisor I would say stop wasting your money on LI now that you have a lot of your own money! Dumbass!!!!
@jgilles85 You really are dumb - so I have all this wealth and I'm not suppose to enjoy it? Really? I should leave it with the financial institutions? What a dumb fuck you really are. Spending my wealth is how I plan to enjoy it you moron, then I'll use my life insurance to leave a legacy to my kids and grand kids. The more you write the dumber you come off!!! You really need help
@Jgillie85: Wrong!!! You really are a dumb asshole!!! I'm not saying that people shouldn't spend any of their wealth! I'm saying that people shouldn't spend their wealth down!! What does that mean? Let's see you spend some as you go and leave some in there to grow conservatively at the same time. You leave what's left behind, so you don't run out of money and don't have to keep paying for insurance. SCHOOLED AGAIN FUCKING IDIOT!!!!!!
@jgilles85 Wow you really are dumb!!!! So you tell your clients to restrict their enjoyment of THEIR money by NOT spending it so they can leave some to their loved ones? But I say spend all of it and leave the death benefit of life insurance thereby having the client and the "loved ones" BOTH enjoying MORE money. I guess you are too "blocked" to understand this simple fact - more money is better!!! Moron!!!
@Jgillie85: No asshole I don't tell them what to do. I just show them spending all of your money is stupid, because you don't know when you're gonna die. What if you run out and you're still alive? Also why do you keep saying this loved ones bullshit when a crooked asshole like you wouldn't know anything about anyone's loved ones other than screwing them over with your shit insurance!!!!
@jgilles85 So you really don't want your clients to live a free and happy retirement, I get it. Here's an idea - take $1000,000 apply a 5% ROI and spend that assest down over 20 years from age 65 to 85 - you'll achieve and income in excess of $88,000net of tax and generate far less tax than living off the interest as you are spending your basis. Living off the interest, to insure I don't run out of money get me $50k minuse taxes, $35k. At age85 pull CV out at $150k/yr for 20 more years. Tool
@Jgillie85: Wow what a good scenario: not!!! Ok asshole let's go through your bullshit scenario!!! First off asshole they're are no taxes when taking money out of a Roth IRA. 2nd when the person has no debt they can easily live off of $30k a year. 3rd the amount they're paying for LI can now be contributed to their account earning 5% ROI. 4th that CV being taken out will reduce the DB, and will eventually cause the policy to lapse when there is no more CV. SHIT HEAD!!!!
@jgilles85 Let's examine - Roth IRA? OK so you are working with lower income people so now I know why you are like you are. 2. $30k/yr is what your clients can live off of? today that's tuna 25 years from now it's less that dog food. You clearly deal with lower income families which I applaud but DON"T sell them Primerica - they are far too expensive.
That's because permanent life insurance, especially whole life, is perhaps on the best and safest places to save money long term!!! It grows tax deferred, it's accessible tax free, there's no early withdrawal/age 59.5 rules, no limits on income as to how much you can save, self completes in event of disability, creditor and lawsuit proof, attractive 5-6% ROI tax free, tax free death benefit in case of premature death. There's nothing that can compare!!!
@Jgillie85: OMG you fake asshole do you have to post the same bull shit lies on every page? Not one thing you said is true and you are a fake asshole!!!!
@Wodendick: You are making a true ass of yourself now Wodendick!! First off you crooks are more hated then even Lawyers and Politicians! 2nd you crooks were hated long before PFS came around. 3rd you are the ones who over charge clients with that WL, UL, & shitty term which we beat everytime!! You don't explain to them how it really works!!! As far as being a cult goes asswipe you are in the cult of crooks!!!!
@IllegalMichelle: Actually Michelle we quote actual returns, not avg returns. But you can't read a mutual fund performance chart just like you can't read a life insurance policy! Dumbass!!!
@jgilles85: I would argue that Lawyers and Politicians get a worse rep than LI agents, but you make a good point. Unfortunately, it's people like you that bring down the profession. You over charge clients, keep them in the dark, and support a corrupt/cultish system (PFS).
So, way to bring your self down. It saves the rest of us the trouble.
The truth is having whole life is better than having term, the thing is by purchasing it at an early age you will pay a lower premium for life but then again you can choose to to POP the policy and pay nothing after X amount of years but you continue to have a policy which will continue to grow it's cash value and the death benefit. Thats something a Term policy cant do, after the term is over you have nothing (no money). bottom line is Term = Renting / Whole Life = Owning (Mortgage).
@marta369: Yeah great comparison. Life Ins. to mortgages: Tell that to all of the families that died are we're left with next to nothing because of WL ins.
Here's the deal - If you need term don't let anyone show you just one company - get multiple quotes. I used to sell for Primerica and I was required to sell just their term. However, when I did my research I discovered how bad the product is. It's overpriced, especially for females as they use unisex rates, they charge 14% of premium for the right to pay monthly, They won't guarantee renewals for face amts of $1 million and their terminal illness benefit is weak.
One size all advice is very dangerous. I hope no one actually turns to her for real advice. It's entertainment people, that's it.....Same with Ramsey and the rest of them.
@SuperLifeguy: Kiss my ass! The only reason you're on YT so much is because you have no clients! I have things to do! That's why I've posted a lot less recently!!!
@jgilles85 Please do as your buddy did and quit, run with your tail between your legs. You've been exposed as the crook you are. You and the other Primerican's who sell that overpriced and featureless product.
@StupidLieguy: Bitch the only thing I'm begging you to do is get a dick, get some balls, and stop being such a chickenshit dickless no balls bastard excuse for an agent!!!
@StupidLieguy: Michelle you chickenshit bastard I said you should ask the company why the policy is the way it is, not how it works! Only the creator of the policy can tell you why it works that way, the seller only has to know how it works!
@jgilles85 Wrong - you are an agent of the company so therefore you represent the company and should know the answers to very basic questions. Do you tell the client "call the company, I don't know"? Are you really this dumb?
@SuperLifeguy He won't and he's the fake so ignore him. I researched it and your video is 100% accurate. I've traded private posts with jgillie and he's really losing it. Complains about not being able to sleep at night, feels the world is against him. I an officially an EX Primerican and feeling very liberated!!! Interviewing with Mass and Guardian. Very good companies.
@insurancemike10: As always IllegalMichelle is being a dickless no balls liar! I never stated that, maybe the copy cat jgilles85 did, but I didn't! Michelle the only you know how to be is sell piles of shit!!!
@jgilles85 You are so busted - I too saw the posts and you had also answered me stating we'd should the company to get the answers as it wasn't for you to know. Basicaly you had admitted you didn't know your own product. PS - Stop posting to me privately - you can beg all you want, I won't quit bashing you and don't care how much sleep you are losing. I only hope Bonds slips on some ice too!!!
I see that once again Bond threatens to actually answer a question or defend a known fact about Primerica's lousy term product. At least Jgillie admited he didn't know the answers and stated "I don't need to know the ins and outs of the product, I just need to know its good" - How lame was that!!! But Bonds won't answer a single quesiton - he did admit his term was expensive so we can give him that. Here's question - Do you think it's ok to charge 14% to pay monthly?
I've decided to resign to. I spoke with my RVP about whether primerica's term life, mortgage and investments are competitive, and first he paused, looked at me for a bit, and realized I had doubts. Then he said that we cut corners on all of our products because by making our products more profitable and less beneficial for the client, we would have more money to keep ourselves above water.
@jgilles85 Funny but the it's actually you to a fact that admits you primerica term is brutal - just see the video "primerica - the truth" to see the facts.
So see how the Primericans are acting like babies!!! Search "Primerica - The Truth" - Notice they haven't once commented on the video - as a matter of fact they haven't even commented on the video itself. I used their illustration and some assistance from Jgillie himself!!! Too funny
@SuperLifeguy I see my "other half" is still making a fool of himself. He keeps posting me and begging for the relentless attacks to cease - keep it going as I will.
@Jgillie85 You need to see what he's doing on Suze's and Dave's sight - he's basically admitted to all I've proved and now he's claiming someone has signed in as him!!! What a tool!!! The original ID thief and now he's crying!!!
@insurancemike10: Just like you do with your real name you post the same shit on every page with your imitation name as well! I can't until YT investigates the account creation dates and finds out who's really pretending to be who!
@jgillie85: IllegalMichelle you never were in Primerica dip shit! You are such a loser that you continue to post to yourself through all of these different log ins!
@jgilles85 YOu are the fake, I've been with Primerica for 3 years and you are the one parading as me. I've reported you and your friend - the cursing alone will down you. If you want to learn the truth about Primerica, as I did, search "Primerica - The Truth"
IT's Back - search "Primerica - the truth" to see how I've proven how inferior of a product the Primericans are selling. Add to it these facts - They won't sell a 30 year to anyone above age 45. They won't guarantee the renewal premium on the policy illustrated as it's face amount in $1 million. This is all coming directly from Primerica and the illustrations they have provided!!! Thanks Jgille85 for the assist.
@SuperLifeguy Great video and I'm happy to assist. It was eye opening to see it all right there. Funny but I never really looked for it untll you point these things out. I'm going to leave Primerica for sure. You really are as asset to the insurance industry.
@SuperLifeguy: Why do you need so many usernames? We all now know you're insurancemike10 aka IllegalMichelle! The proof is on the Vid for Primerica and Arthur Williams - An Inconvient Truth
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Now Whole Life is an awesome product if you understand the 3 basic facts that drive the product to success and why the rich buy so much of it. 1 - the death benefit is guaranteed for life - this means your beneficiaries will actually get tax free money!!! 2. your premiums are guaranteed, they can't go up even if your health declines and 3 - you get a guaranteed cash value the insure you can NEVER lose a dime of money.
aIprime1 1 month ago
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Now Whole Life is an awesome product if you understand the 3 basic facts that drive the product to success and why the rich buy so much of it. 1 - the death benefit is guaranteed for life - this means your beneficiaries will actually get tax free money!!! 2. your premiums are guaranteed, they can't go up even if your health declines and 3 - you get a guaranteed cash value the insure you can NEVER lose a dime of money.
aIprime1 1 month ago
You just need to look down a post or two to see how "termisexpensive" schooled Ownedpuca (who is now parading as 'termcreep' LOL - what a fool
aIprime1 1 month ago
@aIprime1 I've owned this moron forever!!! He is no match for me.
Termisexpensive 1 month ago
It is too much to ask a tool like gaygilles85 to use figure out how 100$ grows.
owenbuca 1 month ago
Don't you love owedpuca's comment that "figures are for bitches" - that's his defense for not knowing how simple math works!!! He actually debated my example as fales - here it is - You give me $10k and I earn you 100% to get you to $20k, then the next year I lose you 50% so you now have $10k - I can safely say your AVERAGE ROR was 25%, however your ACTUAL ROR was 0% - actually lower if we took fees and taxes out. He couldn't understand this simple math and is why Primerica agents are morons.
Termisexpensive 1 month ago
@Termisexpensive He's such a fool!!! He couldn't add 2 plus 2. Good back up!!!
aIprime1 1 month ago
@aIprime1 why do you post to yourself ? We know you are constantly touching yourself
owenbuca 1 month ago
@aIprime1 Owenbuca is right about how money actually grows. As a former whole life agent you knew me as "termisexpensive" I have asked forgiveness for preaching that cash value policies are good, we all know that not to be true.I applaud Primerica reps and what they do for families. It is a tough industry however now I see how easy it is to replace all the whole life policies I had sold to families.
termischeap 1 month ago
@jgilles85 LOL seriously, you are telling them about doing this for a living when you are the one that is taking other peoples identities, what a coincidence that there is someone that has a similar username and is being in youtube longer than you, and what a coincidence that he is a primerica rep that comments too, OOO and the other coinsidence is that the same thing is happening with a lot of youtube users that are in favor of primerica, who is next mariosanches11 and owebuca?
palmerinalberto 1 month ago
And the moron can't do simple math - what a tool. He believes the world is a "linear" place - let me define linear for you since I'm sure you don't know what it is. It's when planners like you take a average return and apply it each and every year as if that will happen!!!! My example below proves the difference between Ave. and Actual Returns - you are now officially know as "Ownedpuca" LOL
aIprime1 2 months ago
@aIprime1 Love the name Ownedpuca - it's fitting - he's a complete tool
Termisexpensive 2 months ago
@Termisexpensive why do you post to yourself ? We all know you play with yourself but come on . 100 $ = 248,768 $ figure it out. Or 100 = 60,150 or your plan 100 $= 982$ (in a trash value policy)
owenbuca 2 months ago
@owenbuca Are you smoking your dead grandmothers ashes? 100 = 248,768? What does this even mean? Ownedpuca are you losing it? I think so. What a fool
Termisexpensive 2 months ago
@Termisexpensive He's a tool - he can't do simple math!!!
aIprime1 2 months ago
@aIprime1 figure it out bitches, or is it above your pay scale?
owenbuca 2 months ago
How old are these people that dont have term? Are they insurable NOW? Would it be wise to close their policies? Could they get new policies at the high payout levels that cover their assets and debt? If they can't, then yes....keep them, .Until you can show me these things, you have NO room to point any fingers.
Athletictrainer09 2 months ago
Pure sleaze ball
9606hyu66 2 months ago
@9606hyu66 Why because is speaks the truth? LOL I love it when these Primerica tools get on and can only name call and curse - it speaks volumes about them!!!!
Termisexpensive 2 months ago
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Here's a post for aIprime1 his imposter keeps spamming. As a former Primerican and can tell you it's fact - they have the MOST expensive term life in the industry and they charge the HIGHEST allowable commission on their high fee mutual funds. Plus they use UNISEX rates which in their case results in NO premium relief for males and absolutely crushes the female rate. And their 30 year is ONLY guaranteed 20 years with a waiver that costs 15% of base premium, while ind. ave. is 3%. Criminal
Termisexpensive 3 months ago
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Food for thought - invest $5k per year for 10 years in your 401k, earn 6% each year (that's triple the S&P ave over the last 10 years but lets say you can do it), assume a 30% tax bracket - guess how much money you have after investing $50k, paying the tax upon withdrawal and assuming all the investment risk? $48,300!!!! Now that's a kick in the butt!!!! Don't believe me, do the math yourself!!! I did and was blown away.
Termisexpensive 3 months ago
Whole Life and universal life are legalized FRAUD. If you take any universal or whole life policies are actually read the contracts--not listen to what people (like this guy)selling it are saying--you will find no bigger ripoff.
Paulywantstokill 3 months ago
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Buy Term and LOSE the Difference! Whole Life = no market risk? 5% return? tax deferred build up? tax free withdrawal? Zero net cost loans? Self completes if you become disabled? Lawsuit and creditor protected in 43 states? tax free death benefit? No 591/2 rule on distributions? No RMDs? No contribution limits? And people say this is a bad product? Really? The truth be told it very well may be the best financial product you can own!!!
aIprime1 4 months ago
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Buy Term and LOSE the Difference! Whole Life = no market risk? 5% return? tax deferred build up? tax free withdrawal? Zero net cost loans? Self completes if you become disabled? Lawsuit and creditor protected in 43 states? tax free death benefit? No 591/2 rule on distributions? No RMDs? No contribution limits? And people say this is a bad product? Really? The truth be told it very well may be the best financial product you can own!!!
aIprime1 4 months ago
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Buy Term and LOSE the Difference is more like it!!! WHOLE LIFE = no market risk? 5% return? tax deferred build up? tax free withdrawal? Zero net cost loans? Self completes if you become disabled? Lawsuit and creditor protected in 43 states? tax free death benefit? No 591/2 rule on distributions? No RMDs? No contribution limits? And people say this is a bad product? Really? The truth be told it very well may be the best financial product you can own!!!
aIprime1 4 months ago
As a long standing professional in this business I can clearly tell you all that Primerica and the "buy term and invest the diff" fools have gotten it all wrong. The last 11 years clearly show why it's such a dangerous strategy. they tell clients to buy term at then at age 65 you will be "self insured" well ask any retiree in the last 5 years how that feels now? Having the Death Benefit allows retires to spend their assets knowing they loved ones are ok
aIprime1 4 months ago
@aIprime1: Really? A dangerous strategy? Only a crook would say that! I guess that proves what you are.
bond519 4 months ago
@bond519 Suckas believe that Buy Term and invest the difference in Mutual funds is the way to go. Its funny to read these comments, just proves that the watered down training at PFS is pedestrian or banal.
MegaJohnShaft 4 months ago
@MegaJohnShaft: Watered down? Well you still are one big dumbass crook. I guess you didn't change. Once a crook always a crook.
bond519 4 months ago
@aIprime1 exactly.
MegaJohnShaft 4 months ago
I hope the guy in this video has a UL policy. This guy is such a troll
Duderstradt 4 months ago
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Also, don't ever listen to financial advice from someone who has "Pirates" in their username, as we all know that pirates are thieves.
yoranasshole 5 months ago
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yoranasshole 5 months ago
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yoranasshole 5 months ago
Market loses 635 points in one day!!!! How's the "Buy Term and Invest the Difference" theory going? LOL!!!
insurancemike10 5 months ago
@insurancemike10: Michelle how's that shit insurance thing going? More policies being replaced?
jgilles85 5 months ago
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Market loses 635 points in a day, therefore the "Buy Term and Invest the Difference" method doesn't work. God, some trash value agents are desperate, aren't they?
yoranasshole 5 months ago
@insurancemike10 Down 400 today. Buy Term and invest the difference combined with Dollar cost averaging is for suckers.
MegaJohnShaft 4 months ago
@MegaJohnShaft: Well megashit no wonder you have never been worth a worm shit. Your advice is lower than worm shit.
bond519 4 months ago
@MegaJohnShaft so I invested when the Dow was at 5000, do you think I have done well?
owenbuca 4 months ago
@owenbuca You are a moron - that's not enough information. Let's say you did, and you built your retirement nest egg to $1,000,000, it's now November 2008 and you just lost 40%, how's that feeling? There's a huge difference between "Average" rate of return and ones "Actual" rate of return. The average americas earns less than 4% in the stock market because they invest with emotion. Shit with WL you'd have gotten 5% with NO MARKET risk, fully guaranteed. Butthead
aIprime1 4 months ago
@aIprime1 "the average americas earns less than 4%" Wow you get a gold star for that post THX TIPS. I started with 75k I now have 200k without adding to it. Just because some asshole trash value agent tells you to put it in a garbage whole life policy does not mean you do. That is how you have contributed to "americas earns 4%" YOU SCARE THEM NOT EDUCATE . I am sure seeing your other posts you are going to call me gay and say mama jokes cause i just kicked your stupid ass.
owenbuca 4 months ago
@owenbuca I have $200k, please douche, you don't tell us how long you've been invested and you don't state where the money is, come now let us know so we can all put our money there? Google Wall Street Journal "Why investors may be fooling themselves" to find out for yourself - You are a douche and moron
aIprime1 3 months ago
@aIprime1 hey gagilles how has US small cap funds done since 1950 ?
owenbuca 2 months ago
@owenbuca You once again show what an idiot you really are and your video on your account regarding the rule of 72 proves it. Average ROR are absolutely meaningless, it's when the investor gets in and when they get out that counts. The ave investor does less that 4% in the stock market - don't believe me google "why investor may be fooling themselves" an artical from the Wall Street Journal!!!!
aIprime1 2 months ago
@owenbuca And to prove again why you are so dumb let me remind you of some simple math - I invest your $10k and earn you 100% - you now have $20k, I then do it again the next year but we lose 50%, you are back to $10K - You want to fire me but I state I've gotten you an AVERAGE ROR of 25%!!!! I'm right but your ACTUAL ROR is 0% - see this is how you tools manipulate people. Average ROR is meaningless - you can't fight me on this idiot!!!
aIprime1 2 months ago
@aIprime1 100 $ = 237,000. figure it out wodendog, aka jgilles85,
owenbuca 2 months ago
@aIprime1 what is an Andex chart? please explain.
owenbuca 2 months ago
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@aIprime1 "the average americas earns less than 4%" Wow you get a gold star for that post THX TIPS. I started with 75k I now have 200k without adding to it. Just because some asshole trash value agent tells you to put it in a garbage whole life policy does not mean you do. That is how you have contributed to "americas earns 4%" You scare them not educate. I am sure seeing your other posts you are going to call me gay and say mama jokes cause i just kicked your stupid ass.
owenbuca 4 months ago
@aIprime1 interesting I sent a post to Megamoron, however you responded.Did you forget what ID you were using?
owenbuca 4 months ago
@MegaJohnShaft Dow is up 500 points in 2 days......
owenbuca 4 months ago
I think the people who are so down on this guy didn't really watch the video. Don't get sucked in by SUZE people. It is COMPLETELY naive to think every financial situation is the same and Term life insurance is ALWAYS the only option. Listen to other opinions, You will learn something about your personal situation, Suze can't help you there....
PedroMan83 5 months ago
To wrap it up for anyone, whole life is basically a scam. Buy term and invest the difference. Once you know the Rule Of 72, you're good to go.
bluelite7x 7 months ago
@bluelite7x The Rule of 72 just the logarithmic formula expressed in a simpler fashion on long it takes your money to double. It by no means explains the potential vicissitudes that can impact that capital when investing in the market place. Its pure sophistry to think that its THAT simple. Going around citing the Rule of 72 shows the makings of a neophyte or a novice.
MegaJohnShaft 7 months ago
@MegaJohnShaft
Either way, whole life is a rip off. The only ones who will tell you otherwise are the people who sell it. You don't sell that crap do you?
bluelite7x 7 months ago
@bluelite7x -Rip offs only exists in the mind of a PFS talking points neophyte. In the marketplace, a product does not exist UNLESS someone purchases it. So, if Whole life is a rip off, where are the armed Insurance Agents that are selling them? Are they carrying guns to the kitchen table to force folks to purchase this "rip off" product? Or does the product exist simply because *some* people find it suitable for their needs?
MegaJohnShaft 7 months ago
@MegaJohnShaft
Just as I figured. Another whole life agent.
bluelite7x 7 months ago 3
@bluelite7x -Just looked at my Life and Health Insurance License. It does not have "Whole Life Agent". Where is that located? Or is that taught in PFS University? Please advise.
MegaJohnShaft 7 months ago
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bluelite7x 7 months ago
@MegaJohnShaft
Another attempt to nitpick errors in wording in an attempt to discredit the PFS industry. Typical of competitors. We must be doing something right to make them react the way they do.
bluelite7x 7 months ago 8
@bluelite7x The PFS Industry? What is that? PFS has an industry? Or are they a PART of the Financial Services Industry? I repeat:Where are you being trained? PFS University?
MegaJohnShaft 7 months ago
@bluelite7x You just started PFS. Stay excited. Go study economics.
MegaJohnShaft 4 months ago
@MegaJohnShaft hmmmm interesting John, in the past you stated "you do not have a license" and now suddenly you do??? me thinks you are still full of chit.or you are a newby....which is it? What are surrender charges ...please answer. Thx.
probslpwtyormama 6 months ago
@probslpwtyormama: Of course he's full of shit he's a life insurance salesman. What else do you expect? lol
jgilles85 6 months ago
@bluelite7x I love reading these PFS guys' comments. These are individuals who have limited knowledge on Economics, Finance, or Accounting, but are advising folks on such matters with 1 week's worth of training. Its really brilliant. In their world, their week's worth of training trumps people with Econ, Finance or Accounting degrees, that have performed scholarly research on such matters. Of course, if you disagree with them, you are a "cash value agent".
MegaJohnShaft 7 months ago
CAN A CASH VALUE AGENT PLEASE EXPLAIN WHAT SURRENDER CHARGES ARE? ALL YOU GUYS HAVE SAID IS "THERE ARE NO SURRENDER CHARGES IN WHOLE LIFE" THAT'S GREAT!! ARE THERE CHARGES IN A .....UL POLICY FOR INSTANCE ? AND IF SO WHAT ARE THEY? I HAVE A FEELING NO ONE WILL BOTHER TO ANSWER.9AS USUAL)
probslpwtyormama 7 months ago
@probslpwtyormama Your question shows your total lack of understanding of life insurance. You must be a PFS stud. There are no "cash value" Agents, please enter the 21st century. How does one get a "cash value" agent's license?
MegaJohnShaft 7 months ago
@MegaJohnShaft GREAT ANSWER...NOT!! YOU MUST BE ONE OF THOSE DOOR TO DOOR LIFE INSURANCE SALESMEN. Or you are too stupid to answer the simple question.I am used to watching you losers not answering the easiest questions because you don't like telling the truth.
probslpwtyormama 7 months ago
@probslpwtyormama -You are a glistening example of PFS University's finest graduates. A paragon of professionalism and civility. Please review your current license, and see if it has TERM LIFE AGENT or does it have Life, Health, Annuity agent(or derivative thereof). People who sell "Cash Value" dont have a separate license for "Cash Value Agent". I repeat:An example of PFS' finest grads. I am envious of your scholarly approach to investing. Its very impressive.
MegaJohnShaft 7 months ago
@probslpwtyormama -You should know what surrender charges are, since we assume you have a "Life/Health License" instead of a "Cash Value" license. If you dont, then why are you selling insurance? They did not teach you this in PFS school? Did you take an economics/Risk mgmt class? Do you understand the principles of risk?It seems that you are highly skilled in the low class activity of trolling on Youtube and spreading mis information about insurance contracts.
MegaJohnShaft 7 months ago
@MegaJohnShaft so what you are saying is, YOU REFUSE TO ANSWER A SIMPLE QUESTION. WHY IS IT LIFE INSURANCE SALESMEN DO NOT WANT THE PUBLIC TO KNOW HOW UL POLICIES WORK? look at megamoron, he does not want to post what "surrender "charges" are......why not john? AKA WODOG,
probslpwtyormama 7 months ago
@probslpwtyormama - You are asking the wrong question. The *REAL* question is WHY are there are surrender charges? Do you know WHY? Here is why you DONT know the answer:
1. You are a PFS agent
2. You have no clue on how Economics, Accounting or Finance works
Here is a hint:See the IRS code on the definition of Life Insurance. That is not the only reason, but the start of the search for the answer.
Pooling assets is paramount to grow capital...
MegaJohnShaft 6 months ago
@MegaJohnShaft so what you are saying again is......you don't want the public to know why they must pay surrender charges to get their own money? 100% sound familiar?? or you just plain don't know what they are???
probslpwtyormama 6 months ago
good ole johnsmallshaft tip toeing thru the tulips.......
probslpwtyormama 6 months ago
@MegaJohnShaft Why don't you answer probs question? I had a UL policy and when we cancelled it they told me there was a surrender charge of 100% ? Why steal my money?
owenbuca 6 months ago
@owenbuca That's because any UL policy is an exploding cannibal lol. Primerica is the way to go because they're true to what they do. They can do what NO OTHER COMPANY can do. And on top of that, there's no policy that can even compete with them.
Duderstradt 4 months ago
Here's the simple question the Primericans won't answer - Who is better off financially - Person A with $1millon or Person B with $1 million and $1millon of permanent insurance paid up?
SuperLifeguy 8 months ago
@SuperLifeguy actually what is better for a family after the bread winner passes away? 1 mill of trash value or......6mill of term after hmmmm should i wait for an answer?
probslpwtyormama 8 months ago
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PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
Lopezcll 8 months ago
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PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
Lopezcll 8 months ago
PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
Lopezcll 8 months ago
PRIMERICA!!!!!!!! no on whole life!!! does this guy really know what he is talking about? yea corporations dont compare to middle america families!! duh!! he wants to talk about big corps who spend money on variable insurance no shit cuz they are crooks!!! suze is helping average american families!! not your rich fancy corps!!
Lopezcll 8 months ago
what are "surrender charges"?
probslpwtyormama 8 months ago
@probslpwtyormama You are this dumb - there are NO surrender charges in whole life!!!
SuperLifeguy 8 months ago
@SuperLifeguy never said that there was surrender charges in whole life I HAVE BEEN ASKING WHAT ARE SURRENDER CHARGES?
probslpwtyormama 8 months ago
@SuperLifeguy: No surrender charges in Whole Life? You're a dumb fuck!!!
jgilles85 8 months ago
That makes no sense what so ever!!!!
insurancemike10 9 months ago
It's clear that there is many on this site who have no clue how Whole Life works. WL is by far the most cost efficient way to purchase life insurance for the long term. You can not purchase term if you expect to have a Death Benefit when you die - assuming you die around your life expectancy which for most is about age 85. Term offers lower premiums up front but the premiums become very expensive, actually multiple times higher that WL and hence why 98% of term NEVER results in claim.
insurancemike10 9 months ago
How do you invest in Term?? YOU CAN'T Insurance is not a good vehicle as for Dave Ramsey, if you actually invested your money through out your life you would not need insurance into and after your 50's it's sad but the so called advisors are not helping the public but instead there own wallets
dabills4 9 months ago
Whole LIfe is the best and cheapest life insurance there is!!! It's a pure and simple fact - just ask an actuary. WL held to your "life" based on mortality tables is the cheapest form of insurance you can possilby own. Term in fact is the MOST expensive, once you get past the "20 yr guarantee" the rates sky rocket to the point that 98% of people lapse prior to a claim. If there is no claim then there is nothing but loss and therefore cost, high cost.
SuperLifeguy 10 months ago
Whole life is the best form of life insurance you can own. If it wasn't why would the IRS limit the amt. of $ you can pump into it? It grows tax deferred, tax free DB, Tax free withdrawal up to your basis and then tax free loans at zero net rate!!! Plus if you become disabled the insurance company pays for you!!! You earn from 4-5% and once money is in your policy it can NEVER go down in value. 4-5% tax free sure sounds good!!!
Jgillie85 10 months ago
hmm... looks like the millionaires you discuss as your shining examples are not in the middle class, which is the target audience of Suze's teachings.
If I had the income to pay $800 to $1000 a month for the same coverage for a policy with a 4% return on my 'savings' I wouldn't care what type of life insurance i had either.
kelbykross1 10 months ago
Search "Suze Orman and Dave Ramsey Discuss Bank On Yourself" to see the truth
Jgillie85 10 months ago
@Jgillie85
Suze Orman is a MORON........ Dave Ramsey at least has some common sense.
rmeyeriii 10 months ago
@rmeyeriii Ramsey has less sense than Suze - this moron has people dropping their insurance in their 50's - what a putz.
SuperLifeguy 10 months ago
@SuperLifeguy perfect post by a true trash value agent,GET RID OF INSURANCE WHEN YOU HAVE LOTS OF MONEY AND YOUR DEBTS ARE PAID OFF.
probslpwtyormama 9 months ago
@probslpwtyormama Let's examine what this moron just stated - He is basically stating this "Lets imagine you have accumulated $3 million of weath and you have $2 million of insurance and you are 65 - he is telling you to drop the insurance? Hmmmm - does this make any sense? How about keep the insurance, spend your $3 million as you wish and make your kids and grandkids the beneficiaries of the policy - it passes probate and income tax free - that sounds logical does it not?
Jgillie85 8 months ago
@Jgillie85 Take advice from a fraud like you .....NEVER!! Thank god there is a company like Primerica they saved my family from trash value agents (unlike you) because you are an unlicensed moron.
jerkilles95 8 months ago
@Jgillie85 if you were licensed I would keep up this coddling you because it is clear you have no idea and you need training.However you are not licensed soooooooo try and keep up hey.
probslpwtyormama 8 months ago
@Jgillie85 If at age 65 you had 3 mil in the bank and a term policy that pays 2 mill and you could still make the premium payments YOU KEEP BOTH. HOWEVER NEVER EVER BUY A WHOLE LIFE POLICY FROM JGILLES85......OH WAIT YOU CAN'T CAUSE HE/SHE HAS NO LICENSE.
probslpwtyormama 8 months ago
@probslpwtyormama Funny toolboy - aren't you the guy who stated UL for a 30 yr. old for $1 million is $1,400 when it's only $25o to $600 per month? Then you took $1400/month and said in 30 years you could accumulate $5 to $8 million - now now - that would take a linear 12.49 to 16.+% return each and every year. Funny but you didn't deduct the term premium either, making your math even more unrealiable!!! Schooled!!!
SuperLifeguy 8 months ago
@Jgillie85 as whole life agents we love to suck cock.
jerkilles95 8 months ago
YouTube User: "Jgillie85" is a FAKE. (He changes the spelling ever so slightly by adding a capitol "J" & adds the letter "i" into his fake name). Click on his fake name & it says "This channel is not available" ---------- ---------- YouTube User: "jgilles85" is REAL. Speaks the truth & doesn't have to hide behind multipule screen names.
Sideler74 10 months ago
Anyone else notice that the ass pirate in this video looks like he has no teeth when he talks? Gross
jeckalbr69 10 months ago
Arguing over the internet is like racing in the Special Olympics. Even if you win you are still a retard. Have fun you little retards!
jeckalbr69 10 months ago
@jeckalbr69: FUCK YOU!!!!
jgilles85 10 months ago
@jgilles85 Oh yeah... I love it when you talk dirty to me cupcake.
jeckalbr69 10 months ago
It is amazing how much of a liar jgillie the fake asshole is!!!
jgilles85 10 months ago
you only spoke about big institutions using whole life insurance - what about the average American family?
inthenow2011 10 months ago
@inthenow2011 I need to step in here - the average American needs product like Whole Life just as much as the rich!!! If something is good for the people with money why would it be bad for those that don't have the money? If they can afford $100-$200/month WL is great - but be sure to get them covered with term as well. You need to protect them from 15-25x income depending on age.
Jgillie85 10 months ago
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@Jgillie85: Wow it is amazing how much of a liar you really are!!!
jgilles85 10 months ago
@Jgillie85 Look im not a life insurance agent. Im a financial advisor. And i refer my clients to companies that sell term. Not all the time but most of the time. My goal is to have my clients save enough money so that they dont need any life insurance period. They should be self insured. thats why term is the way to go. You buy cheap term life to save a bundle. so but the time you reach your 60' s you should have a lot of money.
alki1003 10 months ago
@alki1003 Self insue? Really? Are you that dumb? If you made someone weathly then why would you ever edvise them to drop their life insurance? That's perhaps the dumbest thing I've heard. Let's see, I have $3 million of wealth and let's say $3 million of DB, you say to drop it? I say keep it and spend down and enjoy the $3 million all the while knowing I'm leaving $3 million tax free via a DB - that's planning. You should be behind bars if you do what you say.
Jgillie85 10 months ago
@Jgillie85 You could not be more right!!!
insurancemike10 10 months ago
@insurancemike10: I'm glad you agree with yourself!!!
jgilles85 10 months ago
@Jgillie85: Wow dumbass your crookery just proves more and more how you're the same person with 10 ID's!! You idiot only a crook would say that someone should spend their wealth down!!! Oh that makes a lot of sense spend all of my money so I will be back in debt, have no savings, have to go back to work, and I will have to continue to pay for LI premiums. Meanwhile if I were an honest advisor I would say stop wasting your money on LI now that you have a lot of your own money! Dumbass!!!!
jgilles85 10 months ago
@jgilles85 You really are dumb - so I have all this wealth and I'm not suppose to enjoy it? Really? I should leave it with the financial institutions? What a dumb fuck you really are. Spending my wealth is how I plan to enjoy it you moron, then I'll use my life insurance to leave a legacy to my kids and grand kids. The more you write the dumber you come off!!! You really need help
Jgillie85 10 months ago
@Jgillie85: Wrong!!! You really are a dumb asshole!!! I'm not saying that people shouldn't spend any of their wealth! I'm saying that people shouldn't spend their wealth down!! What does that mean? Let's see you spend some as you go and leave some in there to grow conservatively at the same time. You leave what's left behind, so you don't run out of money and don't have to keep paying for insurance. SCHOOLED AGAIN FUCKING IDIOT!!!!!!
jgilles85 10 months ago
@jgilles85 Wow you really are dumb!!!! So you tell your clients to restrict their enjoyment of THEIR money by NOT spending it so they can leave some to their loved ones? But I say spend all of it and leave the death benefit of life insurance thereby having the client and the "loved ones" BOTH enjoying MORE money. I guess you are too "blocked" to understand this simple fact - more money is better!!! Moron!!!
Jgillie85 10 months ago
@Jgillie85: No asshole I don't tell them what to do. I just show them spending all of your money is stupid, because you don't know when you're gonna die. What if you run out and you're still alive? Also why do you keep saying this loved ones bullshit when a crooked asshole like you wouldn't know anything about anyone's loved ones other than screwing them over with your shit insurance!!!!
jgilles85 10 months ago
@jgilles85 So you really don't want your clients to live a free and happy retirement, I get it. Here's an idea - take $1000,000 apply a 5% ROI and spend that assest down over 20 years from age 65 to 85 - you'll achieve and income in excess of $88,000net of tax and generate far less tax than living off the interest as you are spending your basis. Living off the interest, to insure I don't run out of money get me $50k minuse taxes, $35k. At age85 pull CV out at $150k/yr for 20 more years. Tool
Jgillie85 10 months ago
@Jgillie85: Wow what a good scenario: not!!! Ok asshole let's go through your bullshit scenario!!! First off asshole they're are no taxes when taking money out of a Roth IRA. 2nd when the person has no debt they can easily live off of $30k a year. 3rd the amount they're paying for LI can now be contributed to their account earning 5% ROI. 4th that CV being taken out will reduce the DB, and will eventually cause the policy to lapse when there is no more CV. SHIT HEAD!!!!
jgilles85 10 months ago
@jgilles85 Let's examine - Roth IRA? OK so you are working with lower income people so now I know why you are like you are. 2. $30k/yr is what your clients can live off of? today that's tuna 25 years from now it's less that dog food. You clearly deal with lower income families which I applaud but DON"T sell them Primerica - they are far too expensive.
Jgillie85 10 months ago
@Jgillie85: You'e a liar!! You don't applaud helping middle income families, because you're a snob and you are lying about Primerica!! Fake!!!
jgilles85 10 months ago
@Jgillie85: Also you have nothing to worry about, because a dickless bastard like you isn't capable of having kids anyway!! Fake asshole!!!!
jgilles85 10 months ago
That's because permanent life insurance, especially whole life, is perhaps on the best and safest places to save money long term!!! It grows tax deferred, it's accessible tax free, there's no early withdrawal/age 59.5 rules, no limits on income as to how much you can save, self completes in event of disability, creditor and lawsuit proof, attractive 5-6% ROI tax free, tax free death benefit in case of premature death. There's nothing that can compare!!!
Jgillie85 10 months ago
@Jgillie85: OMG you fake asshole do you have to post the same bull shit lies on every page? Not one thing you said is true and you are a fake asshole!!!!
jgilles85 10 months ago
@Wodendick: You are making a true ass of yourself now Wodendick!! First off you crooks are more hated then even Lawyers and Politicians! 2nd you crooks were hated long before PFS came around. 3rd you are the ones who over charge clients with that WL, UL, & shitty term which we beat everytime!! You don't explain to them how it really works!!! As far as being a cult goes asswipe you are in the cult of crooks!!!!
jgilles85 11 months ago
@IllegalMichelle: Actually Michelle we quote actual returns, not avg returns. But you can't read a mutual fund performance chart just like you can't read a life insurance policy! Dumbass!!!
jgilles85 11 months ago
Food for thought:
Primerica is accused of being a cult more frequently than any other institution in the financial services industry.
wodendog 11 months ago
@wodendick: And life insurance agents are accused of being douche bags more than any other profession.
jgilles85 11 months ago
@jgilles85: I would argue that Lawyers and Politicians get a worse rep than LI agents, but you make a good point. Unfortunately, it's people like you that bring down the profession. You over charge clients, keep them in the dark, and support a corrupt/cultish system (PFS).
So, way to bring your self down. It saves the rest of us the trouble.
wodendog 11 months ago
The truth is having whole life is better than having term, the thing is by purchasing it at an early age you will pay a lower premium for life but then again you can choose to to POP the policy and pay nothing after X amount of years but you continue to have a policy which will continue to grow it's cash value and the death benefit. Thats something a Term policy cant do, after the term is over you have nothing (no money). bottom line is Term = Renting / Whole Life = Owning (Mortgage).
marta369 11 months ago
@marta369: Yeah great comparison. Life Ins. to mortgages: Tell that to all of the families that died are we're left with next to nothing because of WL ins.
jgilles85 11 months ago
This has been flagged as spam show
Here's the deal - If you need term don't let anyone show you just one company - get multiple quotes. I used to sell for Primerica and I was required to sell just their term. However, when I did my research I discovered how bad the product is. It's overpriced, especially for females as they use unisex rates, they charge 14% of premium for the right to pay monthly, They won't guarantee renewals for face amts of $1 million and their terminal illness benefit is weak.
Jgillie85 11 months ago
Suze's a douche.
jgiIles85 1 year ago
@jgiIles85: No you're a douche you stupid fake asshole!!!
jgilles85 1 year ago
@jgilles85 No I'm the real deal and you are both fakes!!!
Jgillie85 11 months ago
@Jgillie85: You're probably a bigger fake then he is (if that's even possible) so shut the fuck up!!!
jgilles85 11 months ago
One size all advice is very dangerous. I hope no one actually turns to her for real advice. It's entertainment people, that's it.....Same with Ramsey and the rest of them.
jacklane61 1 year ago
@jacklane61 You are so right!!!
SuperLifeguy 1 year ago
@joseacevedo559: A prime example of another lying crook!
jgilles85 1 year ago
@SuperLifeguy: Kiss my ass! The only reason you're on YT so much is because you have no clients! I have things to do! That's why I've posted a lot less recently!!!
jgilles85 1 year ago
@jgilles85 Please do as your buddy did and quit, run with your tail between your legs. You've been exposed as the crook you are. You and the other Primerican's who sell that overpriced and featureless product.
SuperLifeguy 1 year ago
@StupidLieguy: Bitch the only thing I'm begging you to do is get a dick, get some balls, and stop being such a chickenshit dickless no balls bastard excuse for an agent!!!
jgilles85 1 year ago
@jgilles85 ...Proverbs 29:11
anitam1957 1 year ago
@StupidLieguy: Michelle you chickenshit bastard I said you should ask the company why the policy is the way it is, not how it works! Only the creator of the policy can tell you why it works that way, the seller only has to know how it works!
jgilles85 1 year ago
@jgilles85 Wrong - you are an agent of the company so therefore you represent the company and should know the answers to very basic questions. Do you tell the client "call the company, I don't know"? Are you really this dumb?
SuperLifeguy 1 year ago
@SuperLifeguy He won't and he's the fake so ignore him. I researched it and your video is 100% accurate. I've traded private posts with jgillie and he's really losing it. Complains about not being able to sleep at night, feels the world is against him. I an officially an EX Primerican and feeling very liberated!!! Interviewing with Mass and Guardian. Very good companies.
bonds519 1 year ago
@insurancemike10: As always IllegalMichelle is being a dickless no balls liar! I never stated that, maybe the copy cat jgilles85 did, but I didn't! Michelle the only you know how to be is sell piles of shit!!!
jgilles85 1 year ago
@jgilles85 You are so busted - I too saw the posts and you had also answered me stating we'd should the company to get the answers as it wasn't for you to know. Basicaly you had admitted you didn't know your own product. PS - Stop posting to me privately - you can beg all you want, I won't quit bashing you and don't care how much sleep you are losing. I only hope Bonds slips on some ice too!!!
SuperLifeguy 1 year ago
I see that once again Bond threatens to actually answer a question or defend a known fact about Primerica's lousy term product. At least Jgillie admited he didn't know the answers and stated "I don't need to know the ins and outs of the product, I just need to know its good" - How lame was that!!! But Bonds won't answer a single quesiton - he did admit his term was expensive so we can give him that. Here's question - Do you think it's ok to charge 14% to pay monthly?
insurancemike10 1 year ago
@jgilies85: Well that's a little impossible, because you don't have an RVP!
jgilles85 1 year ago
I've decided to resign to. I spoke with my RVP about whether primerica's term life, mortgage and investments are competitive, and first he paused, looked at me for a bit, and realized I had doubts. Then he said that we cut corners on all of our products because by making our products more profitable and less beneficial for the client, we would have more money to keep ourselves above water.
jgilIes85 1 year ago
This has been flagged as spam show
The fake jgilles85 is really jgilies85! Just google jgilies85 to see what I mean! He somehow respelled his name after creating his account!!!
jgilles85 1 year ago
@SuperLifeguy: That's a copy cat name dip shit!
jgilles85 1 year ago
@SuperLifeguy: No these are all names created by you! I'm reporting this to the youtube legal department as I post!
jgilles85 1 year ago
@jgilles85 Funny but the it's actually you to a fact that admits you primerica term is brutal - just see the video "primerica - the truth" to see the facts.
SuperLifeguy 1 year ago
@jgillie85: The only thing I'm begging you do is stop being a pussy and making false log ins! GO FUCK YOURSELF ASSHOLE!!!!!!!!!
jgilles85 1 year ago
@insurancemike10: Too funny? You idiot you're not even smart enough to post differently with your other username!!!
jgilles85 1 year ago
So see how the Primericans are acting like babies!!! Search "Primerica - The Truth" - Notice they haven't once commented on the video - as a matter of fact they haven't even commented on the video itself. I used their illustration and some assistance from Jgillie himself!!! Too funny
SuperLifeguy 1 year ago
@SuperLifeguy I see my "other half" is still making a fool of himself. He keeps posting me and begging for the relentless attacks to cease - keep it going as I will.
Jgillie85 1 year ago
@Jgillie85 You need to see what he's doing on Suze's and Dave's sight - he's basically admitted to all I've proved and now he's claiming someone has signed in as him!!! What a tool!!! The original ID thief and now he's crying!!!
SuperLifeguy 1 year ago
@insurancemike10: Just like you do with your real name you post the same shit on every page with your imitation name as well! I can't until YT investigates the account creation dates and finds out who's really pretending to be who!
jgilles85 1 year ago
@jgillie85: IllegalMichelle you never were in Primerica dip shit! You are such a loser that you continue to post to yourself through all of these different log ins!
jgilles85 1 year ago
@jgilles85 YOu are the fake, I've been with Primerica for 3 years and you are the one parading as me. I've reported you and your friend - the cursing alone will down you. If you want to learn the truth about Primerica, as I did, search "Primerica - The Truth"
Jgillie85 1 year ago
@SuperLifeguy: IllegalMichelle why don't you just post the video under your insurancemike10 login? You had that one before the StupidLieguy account!
jgilles85 1 year ago
IT's Back - search "Primerica - the truth" to see how I've proven how inferior of a product the Primericans are selling. Add to it these facts - They won't sell a 30 year to anyone above age 45. They won't guarantee the renewal premium on the policy illustrated as it's face amount in $1 million. This is all coming directly from Primerica and the illustrations they have provided!!! Thanks Jgille85 for the assist.
SuperLifeguy 1 year ago
@SuperLifeguy Great video and I'm happy to assist. It was eye opening to see it all right there. Funny but I never really looked for it untll you point these things out. I'm going to leave Primerica for sure. You really are as asset to the insurance industry.
Jgillie85 1 year ago
@SuperLifeguy Great job!!! Primerica has been exposed for the garbage they sell!!! How dare them tell us we sell inferior term!!! Awesome!!!
insurancemike10 1 year ago
This has been flagged as spam show
@SuperLifeguy: Why do you need so many usernames? We all now know you're insurancemike10 aka IllegalMichelle! The proof is on the Vid for Primerica and Arthur Williams - An Inconvient Truth
jgilles85 1 year ago